St. Croix USVI Real Estate & Other Good Things

Category: Real Estate Page 2 of 4

St. Croix Sales Data: January 2010

January 2010 Sales Activity for St Croix

Single Family Homes

8 sales closed, with an average sales price of $411,687, and average days on market of 299. This compares to January, 2009 with 4 sales, average price $451,500, and days on market 178.

Condos

3 units closed, with an average sales price of $195,833, and average days on market of 337. Last year 3 units also sold in January, average sales price $571,500, and days on market 282.

Lots/Land

3 sales closed, with an average sales price of $47,833, and average days on market of 258. Last year 5 lots sold, average sales price $58,200, and days on market 466.

St. Croix Sales Data: December 2009

December Sales Activity for St Croix

Single Family Homes

11 sales closed, with an average sales price of $600,727, a median sales price of $348,000, and average days on market of 446.

Condos

3 units closed, with an average sales price of $233,000, a median sales price of $285,000, and average days on market of 318

Lots/Land

11 sales closed, with an average sales price of $78,636, a median sales price of $57,000, and average days on market of 239.

For the year 2009

Single Family Homes

109 sales closed, with an average sales price of $423,973, a median sales price of $300,000, and average days on market of 263.

Condos

44 units closed, with an average sales price of $249,415, a median sales price of $186,250, and average days on market of 270.

Lots/Land

126 sales closed, with an average sales price of $105,320, a median sales price of $47,000, and average days on market of 270.

St. Croix Sales Data: August 2009

Single Family
13 single family homes sold on St Croix in August, with an average sales price of $319,846 and days on market of 215. This compares to 14 sales last year, with an average price of $369,536.

Year-to-date, 60 homes have sold vs 91 last year, with an average sales price of $409,075 vs $477,616 last year.

Condos
8 condos sold, with an average sales price of $189,075, and days on market of 260. Last year, 8 condos also sold in August, with an average sales price of $184,250.

Year-to-date, 35 condos have sold vs 71 last year, at an average sales price of $254,400 vs $217,496 in 2008.

Land
8 lots sold, with an average sales price of $83,188, and days on market of 306. Last year, 14 lots sold, with an average sales price of $139,371.

Year-to-date, this year 84 lots have sold, vs 162 last year, at an average sales price of $114,195 vs. $190,872 last year.

Data courtesy of FlexMLS.

St. Croix Sales Data: Jan-July 2009

Single Family Homes

In 2008, for the first 7 months, 419 homes were listed on St Croix, compared to 462 this year, an increase of 10%. Sales have decreased from 80 to 46 this year, down 42%. Average sales price has decreased from $491,320 to $439,815, down 10%. Days to close/days on market stayed nearly the same, 228 to 222, down 2%.

Condominiums

In 2008, for the first 7 months, 294 condos were active listings, compared to 308 this year, an increase of 5%. Sales have decreased from 65 to 27 this year, down 58%. Average sales price has increased from $221,203 to $273,755, up 24%. Days to close/days on market increased from 206 to 248, up 20%.

Lots/Acreage

In 2008, for the first 7 months, 777 lots were active listings, compared to 811 this year, up 4%. Sales have decreased from 146 last year, to 74 this year, down 49%. Average Sales price decreased from $196,965 to $119,633, down 39%. Days to close/days on market decreased from 291 to 256, down 12%.

Statistics are courtesy of the St. Croix MLS.

St. Croix Land For Sale

St. Croix Land For SaleHomesite with Sweeping North Shore Panorama… This is a gorgeous 0.9 acre lot with wonderful views of the north shore. It is priced well below other lots in the subdivision and is superior to them in terms of buildability and view. You can access this lot from the upper or lower road and the size gives you lots of room and options for building. Cistern and septic required. Power, telephone nearby. Paved road, Active HOA. Seller is motivated! Asking $77,000.

Directions: Heading east from Christiansted, turn right towards Tipperary. Left at Seven Hills. At T, turn left. At first fork, bear left. Lot is at next fork. Bear right to view from top.

St. Croix Sales Data: June 2009

Single Family Residential

For the month of June, 3 homes sold compared to 11 last year, a decrease of 72%. The average sales price was $325,833 versus $523,273 in 2008, a decrease of 37%. Median sale price declined to $295,000 from $345,000 a year ago, down 14%. Average days on market was 217, down from 252 last year.

Condominiums

For June, 3 sold during the month compared to 8 last year, a decrease of 62%. Average sales price increased from $165,675 to $261,500, up 58%. Median sale price also increased to $254,500 from $128,200 in 2008. Average days on market was 278, up from 192 last year.

Lots/Acreage

For June, 6 sales closed compared to 17 last year, down 64%. Average sales price was $37,000, versus $121,941 in 2008, down 69%. Median sale price was $35,000 compared to $57,500 last year. Average days on market was 274 compared to 244 last year.

Statistics are courtesy of the St. Croix MLS.

St. Croix Sales Data: May 2009

This month we review sales by price ranges on the island.

12 Single Family homes sold in May:

1 with 2 bedrooms or less – $60,000-$69,999
9 with 3 bedrooms – 1 at $90,000-$99,000; 1 at $120,000-$139,999; 1 at $160,000-$179,999; 1 at $180,000-$199,999;1 at $200,000-$249,999; 1 at $250,000-$299,999; 1 at $300,000-$399,999; and 2 over $500,000. 2 with 4 or more bedrooms – 1 at $400,000-$499,999; 1 over $500,000.

4 condos sold in May:

4 with 2 bedrooms or less – 1 at $70,000-$79,999; 2 at $140,000-$159,999; 1 at $400,000-$499,999

  • Single family average price was $361,332, and for condos, $170,300.
  • Single family median price was $248,500, and for condos, $77,500.
  • Single family Days on Market was 2 at 61-90 days, and 10 over 120 days.
  • Condo Days on Market was 1 at 91-120 days, and 4 over 120 days.

Information courtesy of St. Croix Board of Realtors.

St. Croix Sales Data: April 2009

Market Analysis of St Croix Sales Jan 1 – April 30, 2009 vs Same Period in 2008

This year so far, 26 single family homes have sold vs. 41 last year in the first 4 months, a decline of 36%. Average price this year has been $514,000 vs. last year $488,173. Days on Market this year have averaged 205 vs. 210 last year.

In the condo market, 15 sales have closed this year, vs. 38 last year, a decrease of 61%. Average price this year has been $335,693, vs $229,800 last year, an increase of 46%. Days on market this year has averaged 256 vs. 189 last year.

Sales of Lots/Acreage have been 40 this year, vs. 66 last year, a decline of 39%. The average sales price this year has been $147,347, vs. $163,208, a decrease of 10%. Average days on market is 268 so far this year, vs. 322 last year.

As of May 1, there were 267 active listings, with an average list price of $885,451 and days on market of 240.
For condos, there were 183 active listings, with an average list price of $292,191 and days on market of 220.
For lots/acres, there were 517 active listings, with an average list price of $364,608 and days on market of 263.
There also were 63 listings of commercial/industrial real estate, averaging $1,115,317 for list price, and 295 for days on market.

St. Croix Sales Data: March 2009

Single Family Residential

Sales: 4 homes sold on St Croix in March, with an average sales price of $261,750, and average days on market 234. This compares to 12 sales in March, 2008, with an average sales price of $435,416 and days on market 155.

Condominiums

Sales: 4 condos sold in March, with an average sales price of $131,225, and average days on market 250. This compares to 13 sales in March, 2008, with an average sales price of $236,346 and DOM 200.

Lots/Acreage

Sales: 10 lots sold in March, with an average sales price of $141,050 and average days on market 275. This compares to 14 sales in March, 2008, with an average sales price of $283,985 and DOM 343.

Active Listings

Currently there are 1,031 active listings on St. Croix, which includes both new and existing construction, and all types of properties. Days on market for all price ranges are well over 150 ( approximately 5 months) – the highest is 298 for the price range $250,000-$299,999 and the lowest is 171 for the price range $160,000-$179,999.

Year to Date

Year to date, 91 single family homes have been listed, and 18 sold, with an average sales price of $578,556. 199 condos have been listed and 8 sold, with an average sales price of $383,283. 173 new lots have been listed this year, and 23 sold, with an average sales price of $114,457.

Statistics are courtesy of the St. Croix MLS.

Forever Views from Hilltop

frederiksted_land.jpgYou can see all the way from Sandy Point to Prosperity from this lovely hilltop lot! Seller would consider some owner financing with 50% down, financing at 10% for 5 years – no pre-payment penalty. There is an active Homeowners Association, power and telephone nearby. A cistern and septic would be required.

Directions: From Frederiksted, right on Mahogany Road. Take first right, then left on Sunset Circle. Go to top of hill and see For Sale sign on right. Property starts at sign and goes up hill to telephone pole where house is under construction.

Page 2 of 4

Powered by WordPress & Theme by Anders Norén